10-unit multifamily investment opportunity in the heart of Corona

5.04% current cap rate, January 2027 cap rate ±5.60% and a pro forma cap rate approaching 7.00%

Scheduled January 2027 rent increases will generate an additional $950 per month / $11,400 annually in rental income

Current rents approximately 20% below market, providing additional long-term rental upside

Six of the 10 units have been refurbished, including quartz countertops, with tile showers installed in seven units

Capital improvements include copper water line repiping approximately 10 years ago, roof replacement approximately 6–7 years ago, replacement of most water heaters, and installation of electric heaters approximately 5–7 years ago

Unit mix consists of 10 one-bedroom / one-bathroom units averaging approximately 600 square feet

Built in 1963 with approximately ±6,000 square feet of building area on an approximately 7,405-square-foot lot

Property features on-site tenant parking and a laundry room

All-electric property with no gas service

Central Corona location supported by a diverse employment base and convenient access to major retail, education, healthcare, and transportation

Convenient regional connectivity via State Route 91 and Interstate 15